Pumps; Parts Thereof Price in Malaysia - 2021
Contents:
- Pumps; Parts Thereof Price in Malaysia (CIF) - 2021
- Pumps; Parts Thereof Price in Malaysia (FOB) - 2021
- Pumps; Parts Thereof Imports in Malaysia
- Pumps; Parts Thereof Exports in Malaysia
Pumps; Parts Thereof Price in Malaysia (CIF) - 2021
In December 2021, the average pumps; parts thereof import price amounted to $19,247 per ton, remaining stable against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2021 when the average import price increased by 129% month-to-month. As a result, import price reached the peak level of $27,372 per ton. From November 2021 to December 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Germany ($133K per ton), while the price for China ($9,555 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Malaysia (FOB) - 2021
In December 2021, the average pumps; parts thereof export price amounted to $13,862 per ton, which is down by -2.3% against the previous month. Over the period under review, the export price recorded a perceptible descent. The pace of growth was the most pronounced in October 2021 an increase of 36% against the previous month. The export price peaked at $18,946 per ton in December 2020; however, from January 2021 to December 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($45,678 per ton), while the average price for exports to Australia ($5,142 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in Malaysia
Pumps; parts thereof imports into Malaysia amounted to 4.4K tons in 2022, surging by 2.5% against the previous year. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, pumps; parts thereof imports declined to $107M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of $117M, and then declined in the following year.
| Import of Pumps; Parts Thereof in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.5 | 21.0 | 19.9 | 22.2 | 28.3% |
| Singapore | 11.6 | 8.0 | 7.4 | 19.0 | 17.9% |
| Japan | 13.7 | 13.5 | 17.2 | 15.7 | 4.6% |
| United States | 19.2 | 18.0 | 25.4 | 10.5 | -18.2% |
| Germany | 7.7 | 6.9 | 9.3 | 7.3 | -1.8% |
| South Korea | 8.2 | 5.5 | 6.6 | 6.2 | -8.9% |
| Italy | 3.5 | 4.8 | 7.4 | 4.3 | 7.1% |
| India | 4.8 | 3.1 | 3.8 | 3.2 | -12.6% |
| Indonesia | N/A | 1.4 | 3.2 | 3.0 | 46.4% |
| Taiwan (Chinese) | 1.5 | 1.8 | 1.7 | 1.7 | 4.3% |
| Netherlands | 1.7 | 0.7 | 1.2 | 1.4 | -6.3% |
| Thailand | 1.2 | 1.3 | 0.9 | 1.2 | 0.0% |
| France | 1.7 | 2.2 | 1.3 | 1.1 | -13.5% |
| Others | 13.2 | 9.3 | 11.7 | 10.6 | -7.1% |
| Total | 98.6 | 97.5 | 117 | 107 | 2.8% |
Top Suppliers of Pumps; Parts Thereof to Malaysia in 2022:
- China (2010.0 tons)
- Singapore (684.7 tons)
- Japan (330.1 tons)
- Indonesia (181.7 tons)
- South Korea (177.2 tons)
- India (143.9 tons)
- Italy (110.5 tons)
- Taiwan (Chinese) (89.0 tons)
- Germany (88.1 tons)
- Thailand (83.8 tons)
- Netherlands (81.7 tons)
- France (78.2 tons)
- United States (52.7 tons)
Pumps; Parts Thereof Exports in Malaysia
Pumps; parts thereof exports from Malaysia dropped to 2.5K tons in 2022, which is down by -10.4% on 2021 figures. In general, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of 2.7K tons, and then reduced in the following year.
In value terms, pumps; parts thereof exports reduced to $32M in 2022. Overall, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 26%.
| Export of Pumps; Parts Thereof in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.6 | 0.3 | 0.1 | 4.8 | 100.0% |
| Thailand | 6.9 | 5.0 | 5.6 | 4.6 | -12.6% |
| Singapore | 7.6 | 5.8 | 8.7 | 3.9 | -19.9% |
| United States | 4.2 | 2.5 | 3.3 | 3.1 | -9.6% |
| Indonesia | 6.0 | 2.6 | 2.9 | 3.0 | -20.6% |
| Belgium | 1.7 | N/A | 2.4 | 2.3 | 10.6% |
| India | 2.2 | 1.9 | 2.8 | 2.1 | -1.5% |
| United Kingdom | 1.2 | 0.8 | 1.0 | 0.9 | -9.1% |
| Australia | 0.7 | 0.7 | 0.8 | 0.5 | -10.6% |
| Japan | 2.1 | 0.8 | 0.5 | 0.5 | -38.0% |
| Italy | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Ireland | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Others | 7.2 | 7.5 | 6.8 | 5.9 | -6.4% |
| Total | 40.5 | 28.2 | 35.4 | 31.8 | -7.7% |
Top Export Markets for Pumps; Parts Thereof from Malaysia in 2022:
- Germany (599.6 tons)
- Thailand (528.5 tons)
- Indonesia (279.4 tons)
- India (163.9 tons)
- Singapore (133.9 tons)
- United Kingdom (103.6 tons)
- United States (81.8 tons)
- Belgium (64.7 tons)
- Italy (62.1 tons)
- Japan (48.7 tons)
- Australia (46.0 tons)
- Ireland (3.6 tons)
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